Why is a modernized economy vital to China?

Why is a modernized economy vital to China?

you’re listening to xi jinping the governance of china an audio book produced by cgtn why is a modernized economy vital to china a strong country must have a strong economy only with a modernized economy can china better adapt to current international trends seize the initiative in international competition and provide support for modernisation in other fields we should develop a modernized economy quickly because this is an important part of building china into a great modern socialist country a modernized economy demands concrete and effective policies measures and actions we need to pay special attention to these fields first develop the real economy to lay a solid foundation for the modernized economy the real economy is the very foundation of an economy the fundamental source of wealth creation and an important pillar of national prosperity china should extend its supply-side structural reform develop advanced manufacturing industry and integrate the real economy fully with the internet big data and artificial intelligence technology we should double our efforts to enhance the real economy gathering resource elements and adopting preferential policies and measures for it our purpose is to create a development environment and social atmosphere that encourages practicality diligence entrepreneurship and prosperity through developing the real economy second lose no time in implementing the innovation driven strategy to strengthen the support for the modernized economy china will build a stronger national innovation system strengthen science and technologies of strategic importance integrate innovation more deeply with economic and social development and promote more leading-edge developments that are driven by innovation and first mover advantages third actively promote coordinated development of urban and rural areas to optimize the spatial configuration of the modernized economy it is necessary to better implement coordinated development strategies for the beijing tianjin herbe region the yangtze river economic belt and the guangdong hong kong macau greater bay area rural revitalization is a great plan and we must work hard to execute it fourth develop an open economy to improve the international competitiveness of the modernized economy china should better utilize global resources and markets and promote international cooperation within the framework of the belt and road initiative fifth further reform our economic system to provide institutional guarantees for the modernized economy china should improve the system of socialist market economy resolutely break down institutional obstacles in all areas and stimulate the vitality of the whole society in innovation and entrepreneurship you’ve been listening to xi jinping the governance of china brought to you by cgtn for more episodes you can download the cgtn app or log onto our website at cgtn.com
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Why is a modernized economy vital to China?

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